Orbs, the decentralised Layer-3 blockchain optimised for on-chain trading, has announced the integration of its Liquidity hub with leading multi-chain DEX, platform QuickSwap. The decision follows an overwhelming approval via a governance vote on QuickSwap. The integration will improve QuickSwap pricing by aggregating Ethereum liquidity through Orbs technology.
All of the liquidity for QuickSwap’s DEX will come from Orbs Liquidity Hub. This is a critical functionality that will provide support for Quickswap following its expansion to Ethereum. The Orbs’s on- and off-chain liquidity, will become available to QuickSwap, enabling it to offer competitive prices.
With Orbs Liquidity Hub on board, QuickSwap has made another step toward its vision of being a multi-chain DEX that offers first-rate trading across numerous L1 and L2 networks. In addition to expanding its user base and improving liquidity throughout the multi-chain ecosystem, this will help QuickSwap strengthen its standing as the most capital-efficient DEX.
The Liquidity Hub utilises an off-chain and on-chain network of solvers, to find the liquidity that traders need at the lowest possible cost. The list of compatible platforms includes Odos, ParaSwap, and many more.
When it comes to advanced trading orders, QuickSwap has already integrated two of Orbs’ major protocols—dTWAP and dLIMIT on Polygon. In order to get the best possible prices, these features enable DEX traders to use DCA orders and to split large orders into smaller ones. Thanks to the popularity of these products, QuickSwap has decided to use Liquidity Hub to manage all of their Ethereum swaps.
About Orbs
Orbs is a decentralized Layer-3 (L3) blockchain infrastructure designed specifically for advanced on-chain trading. Orbs optimizes trading with aggregated liquidity, advanced trading orders, and on-chain derivatives. Orbs enhances the capabilities of both EVM and non-EVM smart contracts without moving liquidity onto a new chain. This one-of-a-kind setup acts as a decentralized backend that brings CeFi-level execution to DeFi trading.
Learn more: https://www.orbs.com/
About QuickSwap
QuickSwap was designed to address the issues of high gas fees and slow transactions found in other decentralized exchanges, especially on Ethereum. Launched in October 2021, QuickSwap leverages the Polygon network’s Layer 2 scaling solutions to offer users faster and cheaper transactions.